RBC Weighs Opening Bank to More Risk

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Royal Bank of Canada is facing a conundrum about one of its fastest-growing businesses: when to apply the brakes. Earnings from the bank's capital-markets business are bumping up against a self-imposed limit that is key to the risk control on which Canada's banks built their reputation.

Al Gore Had Doubts Over Sale to Al Jazeera

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Al Gore had "serious reservations" about selling Current TV to Al Jazeera but overcame them because he believed the U.S. was likely to influence the broadcaster and foster understanding, court papers say.

Home Depot Taps Menear as CEO

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Home Depot named the head of its retail operations, Craig Menear, as the home-improvement retailer's new chief executive, to take over from Frank Blake in November.

Russia Raises Heat on McDonald's

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Russia expanded inspections of McDonald's restaurants across the country, a day after several Moscow restaurants were temporarily closed.

GameStop Profit More Than Doubles

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Retailer GameStop said its second-quarter profit more than doubled on strong demand for new game consoles that lifted its hardware and software sales.

Family Dollar Rejects Dollar General Bid

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Family Dollar rejected Dollar General's $9 billion cash offer, opting to stick with Dollar Tree's $8.5 billion cash-and-stock deal that is worth less but may have an easier time passing muster with antitrust regulators.

Sears Eyes Balance Sheet Help

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Sears Holdings Corp. burned through more cash as its losses mounted in the second quarter, prompting the once venerable retailer to say it is weighing additional steps to shore up its balance sheet.

Citigroup Faces Curbs on Hedge-Fund Sales

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Citigroup faces restrictions that will prevent it from selling investments in hedge funds and private-equity funds to wealthy clients, following a recent deal with U.S. regulators.

MMX Temporarily Halting Serra Azul Production

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Eike Batista's mining company, MMX Mineração e Metálicos, is temporarily halting production activities at its main unit in Minas Gerais state.

Will the grocery chain Market Basket survive as we know it?
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